Raj Moonesinghe’s family says he was pacing around his home in Austin, Texas with a gun looking for an intruder when police drove up unannounced and killed him. NBC News’ Gabe Gutierrez spoke with his family about the fatal shooting.
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Streaming news reduces the scarcity of media in the news equation, making it more accessible and timely. It also provides news in a format that is customizable for viewers.
Streaming news is a form of news that is produced by broadcast networks, television stations, and cable news outlets. These networks have invested hundreds of millions of dollars in streaming operations.
The major news networks are optimistic about the opportunities for streaming. They have invested hundreds of millions of dollars in streaming services, and have high hopes for the growth of streaming news.
But the success of streaming has been more elusive for news networks than anticipated. Critics have criticized the lack of viewers when the networks first started, a situation that resembled the one that occurred when Ted Turner started the Cable News Network in 1980.
However, the critics missed the rapid rate of adoption that cable was experiencing. By 2020, CNN, Fox, and MSNBC had combined profits of $3 billion.
In addition to the major news networks, streaming has also attracted new overtly political news operations, such as One America News. These new streaming services are not bound by costly negotiations with cable companies. These new video services will likely reshape the political news coverage landscape.
Streaming news is already attracting niche audiences. For example, NBC News Now, the news service from NBC, produces 31 million hours of content a month. It is also attracting a large number of viewers under the age of 45.
